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Vegas casino pulls plug on prediction market conference amid Nevada crackdown

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Vegas casino pulls plug on prediction market conference amid Nevada crackdown


A Las Vegas casino abruptly pulled the plug on a prediction market conference over fears the event could draw scrutiny from Nevada gambling regulators, according to a report.

Predict 2026 had been slated for the Aria on the Strip before the MGM-operated resort canceled the booking just days after signing the agreement.

‘The [Aria] is issuing this notice in light of Nevada’s current regulatory and enforcement position regarding prediction markets,’ a lawyer for the resort wrote in a termination letter cited by Barron’s.

The dispute highlights escalating tensions between state gambling regulators and prediction market firms such as Kalshi and Polymarket, which let people bet on the outcomes of all kinds of events.

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The Aria on the Las Vegas Strip canceled a prediction market conference days after signing the contract amid growing scrutiny from Nevada gambling regulators. Ron Buskirk/imageBROKER/Shutterstock

Nevada regulators have taken an especially aggressive stance toward the fast-growing sector, arguing that some sports-event contracts resemble unlicensed wagering that bypasses state gaming rules and taxes.

Last October, the Nevada Gaming Control Board warned casino license holders that maintaining ties to prediction market operators could factor into whether they remain eligible for gaming licenses.

“If a Nevada licensee chooses to offer Sports and Other Event Contracts in Nevada or decides to partner with other entities offering Sports and Other Event Contracts in the state, the Board will consider these developments as it evaluates the suitability of the entity to maintain a Nevada gaming license,” regulators said in the guidance cited by Barron’s.

While Predict 2026 was not sponsored by any prediction market company, Aria’s legal notice indicated that regulators had become increasingly sensitive even to indirect promotion of the industry.

Nevada regulators have warned casino license holders that ties to prediction market operators like Polymarket could affect their suitability to hold gaming licenses. Christopher Sadowski for NY Post

The Aria, which opened in 2009 and is operated by MGM Resorts after being sold to Blackstone in 2021, did not immediately respond to a request for comment.

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The showdown highlights the widening divide between traditional casino operators and the new entrants into the prediction market space.

Legacy gaming giants such as MGM Resorts and Caesars Entertainment have largely stayed away from prediction markets even as companies including DraftKings have launched competing platforms to challenge businesses like Kalshi.

Prediction market operators insist that their event contracts are federally regulated financial instruments overseen by the Commodity Futures Trading Commission, allowing them to operate nationwide for users over 18.

Prediction market companies including Kalshi say their event contracts are federally regulated financial instruments, setting up a clash with state gambling authorities. Samuel Boivin/NurPhoto/Shutterstock

Some state gaming regulators, however, have argued that sports-related contracts closely resemble sports betting and should fall under state gambling laws.

Nevada officials have already taken direct legal action against Kalshi.

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The Nevada Gaming Commission sued the company over its sports event contracts, and the platform was briefly barred from operating in the state earlier this year, according to Barron’s.

The Post has sought comment from Polymarket, Aria and the Nevada Gaming Control Board.



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Washoe DA GOP primary is winner-take-all because of 2015 law signed by Gov. Sandoval

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Washoe DA GOP primary is winner-take-all because of 2015 law signed by Gov. Sandoval


A wrinkle in Nevada’s election laws means the Republican primary for Washoe County District Attorney in 2026 is a winner-take-all contest — whoever wins the GOP primary will appear on the November general election ballot unopposed and win the seat outright.

Only two Republicans tossed their hats in the ring — incumbent Chris Hicks and Sparks city attorney Wes Duncan. And because no Democrats, nonpartisans or third-party candidates filed to run, the GOP primary will determine the next district attorney.

Washoe DA GOP primary is winner-take-all because of 2015 law signed by Gov. Sandoval

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FULL RACE PREVIEW: Washoe County DA race: GOP primary between Hicks, Duncan will decide next top prosecutor

The unusual dynamic leaves over two-thirds of the Washoe County electorate with no say whatsoever in selecting the county’s top prosecutor for the next four years. So why is it this way?

It’s not because of a decades-old provision in Nevada Revised Statutes, rather an intentional law change passed in 2015 and signed by then-Gov. Brian Sandoval.

Prior to 2015, if only one major party had candidates file for an office, there was no primary contest under Nevada law. Instead, all of that party’s candidates automatically advanced to the general election, where voters from all parties would select the winner.

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But in 2015, Senate Bill 499 changed all of that. SB 499, sponsored by the Senate Committee on Legislative Operations and Elections, originally sought to create a top-three open primary with ranked choice voting in the general, said Doug Goodman, founder and executive director of Nevadans for Election Reform.

Goodman, who supports increasing participation for Nevada’s growing nonpartisan voting bloc, initially backed that legislation. But on amendment, those provisions were stripped out entirely and replaced with entirely different language.

Under the amended bill, a party primary must be held regardless of the number of candidates. That primary contest would determine the party’s one nominee, who would advance to the general election unopposed.

It received unanimous bipartisan support in the Nevada Senate and passed with a two-thirds majority in the Nevada Assembly. 14 Assembly Republicans voted no on Senate Bill 499, but it passed anyways and was signed into law by Gov. Sandoval.

TMCC political science professor Fred Lokken told News 4-Fox 11 he believes it’s created an undemocratic scenario.

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I see this as the most undemocratic concept of elections that has ever been perpetrated.

“It’s done in a number of states, Nevada’s not the only one, but a primary is not a deciding election. There should be no decision for the fall election made months in advance when voters aren’t paying attention,” Lokken said. “It’s all in favor of the parties. It cuts down in those elections, the notion that they have to go through another round.”

In contrast, many others would argue that only a party’s voters should be able to select a party’s nominee.

Attempts to undo this change have been unsuccessful. In 2019, Assembly Bill 259 would’ve reversed that provision of the 2015 legislation — it passed in the Assembly 30-10 but never came up for a vote in the Senate that year.

Another possible solution would be to make countywide offices such as district attorney, clerk and assessor nonpartisan contests. Lokken even floated that such positions should be appointed.

“I really hope that the 2027 (Nevada) legislature is willing to reopen this and consider fixing it. A partial open primary makes a whole lot of sense, and not allowing it to be the decision-maker makes a lot of difference … I would suggest that a lot of these positions should be appointed, not elected. There are too many elections.”

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Email reporter Ben Margiott at bjmargiott@sbgtv.com. Follow @BenMargiott on X and Ben Margiott KRNV on Facebook.





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Nevada wins preliminary injunction to block Polymarket

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Nevada wins preliminary injunction to block Polymarket


The state of Nevada has won a preliminary injunction against the company Polymarket, the latest blow to prediction markets in the Silver State.

A Carson City judge granted the injunction last week, forbidding Polymarket from offering any contracts for sports, elections or entertainment-related events within Nevada.

Attorney General Aaron Ford called the decision a win for Nevada’s consumers.

“Unlicensed prediction markets may not disregard the law and avoid the systems we have in place to be sure Nevadans and visitors alike are protected while gambling,” Ford said in a statement.

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The Nevada Gaming Control Board won a temporary restraining order against Polymarket back in January after initiating legal action against the company.

Polymarket’s website states that people “buy and sell shares representing future event outcomes,” but unlike sportsbooks, users bet against one another rather than the “house.”

The Gaming Control Board says it considers “sports event contracts, or certain other events contracts, to constitute wagering activity” under state law, and Polymarket must be licensed.

Kalshi and Coinbase, two other popular prediction markets, are already enjoined from operating while Nevada pursues legal action against them.

Ford’s office says Crypto.com and Robinhood have voluntarily ceased offering event contracts in the state.

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Hillel of Northern Nevada Builds Community at the University

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Hillel of Northern Nevada Builds Community at the University


Serving as a home away from home, Hillel of Northern Nevada is a space that allows students at the University of Nevada, Reno to be together, rooted in their culture.  

When students start college, they not only leave their homes and families, they also leave behind their communities, routines and direct support systems. 

“Hillel of Northern Nevada allows students to be together, rooted in a familiar culture and religion. Whether it’s for a holiday celebration or simply to laugh and enjoy each other’s company,” Hannah Alterwitz, director of Hillel of Northern Nevada, said.  

The organization, which is the Northern Nevada chapter of Hillel International, the largest Jewish campus organization in the world, hosts a variety of events throughout the year, including social outings like ice skating, mini golf and craft nights, alongside cultural and religious celebrations for Shabbat and the High Holidays. 

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“Hillel serves as a place for Jewish students to belong. We are a social organization. We are a pluralistic group, meaning no matter how someone practices Judaism, they will always be welcome at Hillel,” Alterwitz said.  

One event that stood out to Alterwitz this semester was a campus visit from U.S. Senator Jacky Rosen, where students had the opportunity to ask questions and participate in deeper discussions about issues affecting students and the broader Nevada community. 

“It was so impactful on the students to be able to talk openly with the Senator about the problems communities are facing every day. Students asked about ICE, AI data centers, and the rise of antisemitism across the country. To watch them have a real dialogue and come away from that conversation curious and motivated to help tackle the issues facing our country was really special,” Alterwitz said.

As Jewish American Heritage Month came to an end in May, Hillel of Northern Nevada continues building community around campus throughout the year.  Alterwitz invites anyone who is interested in Jewish heritage to check the organization out.

“I hope that if a student takes anything away from this, it’s that Hillel is a place where Jewish students and those interested in Jewish culture can come and meet some great people and have some fun! Jews are not a monolith; we have lots of different opinions and backgrounds. It is such a diverse religion, but if you like good food, good friends, and Jewish culture, Hillel has a place for you,” Alterwitz said.

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To learn about upcoming events and opportunities to get involved, go to @hillelofnorthernnevada on Instagram or reach out to Hannah directly at hannah.alterwitz@jewishnevada.org 





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